v3.25.2
Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost (Credit)

Components of net periodic benefit cost (credit) consisted of the following (dollars in millions):

 

 

 

Pension Plans

 

 

Post-retirement Benefits

 

 

 

Three Months Ended
June 30,

 

 

Three Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net periodic benefit cost (credit):

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1

 

 

$

1

 

 

$

 

 

$

 

Interest cost

 

 

2

 

 

 

2

 

 

 

1

 

 

 

1

 

Expected return on assets

 

 

(2

)

 

 

(2

)

 

 

 

 

 

 

Settlement loss

 

 

 

 

 

4

 

 

 

 

 

 

 

Prior service credit

 

 

 

 

 

 

 

 

(1

)

 

 

(2

)

Recognized actuarial gain

 

 

 

 

 

 

 

 

(1

)

 

 

(1

)

Net periodic benefit cost (credit)

 

$

1

 

 

$

5

 

 

$

(1

)

 

$

(2

)

 

 

 

Pension Plans

 

 

Post-retirement Benefits

 

 

 

Six Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net periodic benefit cost (credit):

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

2

 

 

$

2

 

 

$

 

 

$

 

Interest cost

 

 

4

 

 

 

4

 

 

 

2

 

 

 

2

 

Expected return on assets

 

 

(4

)

 

 

(4

)

 

 

 

 

 

 

Settlement loss

 

 

 

 

 

4

 

 

 

 

 

 

 

Prior service credit

 

 

 

 

 

 

 

 

(2

)

 

 

(4

)

Recognized actuarial gain

 

 

 

 

 

 

 

 

(2

)

 

 

(2

)

Net periodic benefit cost (credit)

 

$

2

 

 

$

6

 

 

$

(2

)

 

$

(4

)